Pound, borrowing costs
Pound falls to lowest in over a year as borrowing costs soar
The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing almost ground to a halt. Economists have warned the rising costs could lead to further tax rises or cuts to spending plans as the government tries to meet its self-imposed borrowing target.
Pound sterling has continued to sell off this morning, and UK government bond yields have ticked higher as UK risk assets ...
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Pressure on sterling and the UK Gilts has continued. The pound took out last year's low near $1.23 today and was pressed to ...
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the ...
Our weekly simulation for forward U.K. Gilt yields and pound sterling. Read the latest update, as of January 3, 2025.
The pound has tumbled to its lowest level or more than a year against the US dollar as the gilt sell-off continued, heaping ...
The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels ...
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